I'm waiting for someone, anyone, to loudly and forcefully tell these jerks that the business world as they knew it is over! No more overinflated salaries, expense accounts and stock options. No more making 300 times, or whatever that horrifying statistic is, as much as the lowliest of their workers. These people came of age with the Gordon Gekko "Wall Street" theory that "Greed is good" and I'm sorry, but look where it has gotten us. Pull your proverbial head out of your ass and get back to doing what America used to be known for, innovation and good solid business practices. Not accounting tricks that are so convoluted that most accountants don't understand them.
Enough! We have had enough!
This is an equal opportunity rant directed at the big three automakers, the banking industry, the mortgage industry, Wall Street and anyone else that is doing a damn piss poor job and screwing with our economy.
@CraftyBroad: Oh, and that also applies to the movie industry which keeps insisting on releasing films that are boring, awful or remakes of old TV shows. Is it too much to ask if we can get a film that is entertaining and fresh? Hmm?
@CraftyBroad: And sadly the theaters don't import enough of the more efficient, modern and innovative films from Japan. Maybe we need to trust bust Hollywood.
How about Rick Wagoner take a hit to his $9 million salary? The CEO of Toyota makes under $1 million. Hmmmm.......US Automakers FAIL.
(Disclaimer - and this is from a born and bred Michigan girl whose income until just recently was dependent on the sale of domestic vehicles. These assholes make me enraged!)
@Patsy_Stone: I have not heard one ceo say anything about their salaries. This really pisses me off too. If they really cared about the company they would either not take a salary or greatly reduce it.
@redvwbug: I've worked inside those glimmering towers on the Detroit River and I can assure you, everything there is bass-ackwards. It's like bizarro world where reason and intellect are replaced with ego and golf clubs. And while I understand the far reaching impact of not bailing these idiots out, if they don't have any accountability (or better yet, a nagging babysitter) we will be throwing money down the toilet.
@Patsy_Stone: Don't get me fucking started on the fucked-up logic of CEOs, no matter how large they think they are. When the company I worked for kept expenses tight, it was great; the second we're bought by some company with Segways, well, then we need to fly out to play softball or to give us a bonus that we really didn't earn.
The automakers cried in their single malt scotches in their limos on the way to the airports to take their private jets back to their luxurious mansions.
My job doesn't depend directly on the auto industry, but I feel pretty bad for about 80% of the people in my state who are shaking in their shoes trying to figure out what the hell to do.
I think the worst of it are the people whose retirements either have been or will be affected. That shit is just WRONG. If a person who worked their whole life for one company gets screwed out of retirement benefits because the leaders of that company can't get their heads out of their asses long enough to sell the company jet and do a few other things differently to save their failing company, that is just plain wrong.
@lizzzz: Seriously, couldn't they have, like, JET-pooled or something? Taken ONE giant private jet instead of one apiece? It's not just themselves they're shooting in the foot with their shenanigans.
@lizzzz: I see plenty of freaking out in my little corner of MI. Most of the industry around here is small factories who supply the auto industry. If the big 3 go under, these places are next. I'm mixed on a bailout but something has to be done. We're already at almost 10% unemployed.
I couldn't believe the amount of stupid that Mitt Romney spewed this week but a part of me just wanted him to keep talking. I'm looking ahead to 2012 and would like those in MI who still think he's great finally see he is a giant douche.
@lizzzz: I'm gonna go out on a limb here and assert that when you think about it, "retirement" is a pretty poorly executed concept in this country. What was initially designed because The Powers That Be felt Mr. & Mrs. Average American couldn't be disciplined enough to save for their own retirement has become the ONLY way people save for their Golden Years.
@ceejeemcbeegee: Because the companies saw the supplemental gov't retirement 'fund' and though 'oh hey, now we can pay less!' And then the retirement became less savings and more investments and bam, we're all screwed.
My job is sadly dependent on the auto industry. Layoffs have become an almost daily thing. I brought most of my personal stuff home tonight, as I'm expecting it to happen tomorrow.
When one woman's husband saw the news about the mass layoffs he called her up at work and started screaming at her for being stupid enough to work with the company. She told the story while sobbing in the bathroom.
Tears, gallows humor, sleepless nights recounted. Everyone's dealing with it differently, or not dealing with it. But everywhere there is a sense of hopelessness and despair unlike anything I've ever seen in an industry that's had is share of ups and downs.
It seems like everywhere I read there are news articles demonizing the industry and everyone in it. We all deserve this if you want to listen to some of the Republican talking heads. Everyone from the admin answering phones to the engineer who worked their way through grad school to the person on the line. We all deserve to lose our jobs, lose our homes, and any hope of continuing a life here.
And why? Because we work for an industry that's the biggest game in the area, the same area that many of us were born. The same industry that many of our parents and grandparents and in my case great grandparents and great great grandparents worked in.
Yes, the auto industry is badly managed. Very badly managed. But the industry is not only its management and its worst examples. There are a lot of good people here that work hard and don't deserve the fate that's about to befall them.
@adriadne: I think reasonable people DO understand all of this, and have compassion and sympathy for the plight of the people in the auto industry. But I also feel like the collapse of the American auto industry is inevitable: we produce inferior vehicles, not cost-effectively, and are managed in the most incompetant way possible. A bailout, if one is secured, should go ONLY to paying 6+ months of unemployment to everyone involved (less for those at the top, more for those at the bottom) and paying out the retirements/pensions due.
@adriadne: As someone who did lose a job due to in part piss-poor management, I really feel your pain and I hope you're not the one who gets the axe tomorrow. I could go on...and on...and on...about the inefficiencies of US industries, but I would get seriously bitter. But, oh wait, I am, and I'm angry for you, and this is why:
It's from a fucking lack of wanting real innovation and paying attention to what's going on that got the automakers (and many other industries like, say media) into this quagmire, but there are a LOT of people who are going to suffer for it. And that really, really pisses me off. The people who had the INFLUENCE to bring about change in their industry laughed it off and instead focused on fucking in-car HUMIDORS.
I think if consumers realized how many great ideas get shot down in development, even after having research that shows that it's a viable direction to go in, they would and should be pissed at those companies. It's total bullshit--we don't want new ideas, but we really don't want our competitors to have them either--and it hampers bringing about the fucking products (especially CARS) that people want to buy.
I'm perfectly happy for the Clintons to leak their way out of any White House position. My love for Bill has already been tested and destroyed, I can't imagine another 8 yrs of him puttering around giving his 'input' to reporters when Uppity Obama does something he disagrees with. That or saying 'well Hillary planned to do x....'
@battleaxonista: I did let out a sigh of relief that Obama was the DNC pick back in the day because the Clintons are basically a telenovela that I'd rather not have to watch again.
I just don't get the Hillary hate. First of all, we shouldn't assign Bill's failure to her unless we're also prepared to assign his successes to her. Second, I think it's difficult for anyone who has been in the public eye as long as these two have and have a good public image. We'll see how Obama is reported on in the news in 20 years. (for the record, I like Obama.)
@RocktheDebit: It was sarcastic, hence the inappropriate uppercase of doom. And totally word on the Clintons are a telenova analogy. They will never fit with Obama's 'no drama' policy.
I think the goats are supposed to represent the corruption of Satan at the heart of the government, and the rooster represents the betrayal of Jesus by Peter. The horse obviously is a reference to the Apocalypse. It all makes sense, especially if your last name means War.
All this hemming and hawing about Hillary for Sec of State, whether it's rumors from her camp saying that she wouldn't take it even if it was offered, to all the news reports about Bill being willing to divest himself of any foreign donations to his foundation or whatever, is driving me crazy. JUST DO SOMETHING ALREADY. This whole process is turning into high school cafeteria gossip.
11/21/08
11/21/08
Enough! We have had enough!
This is an equal opportunity rant directed at the big three automakers, the banking industry, the mortgage industry, Wall Street and anyone else that is doing a damn piss poor job and screwing with our economy.
11/21/08
11/21/08
11/20/08
11/20/08
(Disclaimer - and this is from a born and bred Michigan girl whose income until just recently was dependent on the sale of domestic vehicles. These assholes make me enraged!)
11/20/08
11/20/08
11/21/08
Awes.
11/20/08
11/20/08
11/20/08
Best.
11/20/08
Well ok, I just wanted an excuse to post that pic.
11/20/08
11/21/08
11/20/08
11/20/08
"Guerra's office manager, Hilda Ramirez, told Banales she had been unsuccessfully attempting to contact the prosecutor all day."
11/20/08
11/20/08
11/20/08
/smacks forehead.
People in Michigan = scared.
My job doesn't depend directly on the auto industry, but I feel pretty bad for about 80% of the people in my state who are shaking in their shoes trying to figure out what the hell to do.
I think the worst of it are the people whose retirements either have been or will be affected. That shit is just WRONG. If a person who worked their whole life for one company gets screwed out of retirement benefits because the leaders of that company can't get their heads out of their asses long enough to sell the company jet and do a few other things differently to save their failing company, that is just plain wrong.
Okay, I'm done now.
11/20/08
11/20/08
11/20/08
I couldn't believe the amount of stupid that Mitt Romney spewed this week but a part of me just wanted him to keep talking. I'm looking ahead to 2012 and would like those in MI who still think he's great finally see he is a giant douche.
11/20/08
11/20/08
11/20/08
11/20/08
11/20/08
11/20/08
[www.joebidensteeth.com]
11/20/08
11/20/08
11/20/08
11/20/08
Gah! I'll never think the same way about him and food. But it's good to know that he, like all of us, has his quirks.
11/20/08
11/20/08
When one woman's husband saw the news about the mass layoffs he called her up at work and started screaming at her for being stupid enough to work with the company. She told the story while sobbing in the bathroom.
Tears, gallows humor, sleepless nights recounted. Everyone's dealing with it differently, or not dealing with it. But everywhere there is a sense of hopelessness and despair unlike anything I've ever seen in an industry that's had is share of ups and downs.
It seems like everywhere I read there are news articles demonizing the industry and everyone in it. We all deserve this if you want to listen to some of the Republican talking heads. Everyone from the admin answering phones to the engineer who worked their way through grad school to the person on the line. We all deserve to lose our jobs, lose our homes, and any hope of continuing a life here.
And why? Because we work for an industry that's the biggest game in the area, the same area that many of us were born. The same industry that many of our parents and grandparents and in my case great grandparents and great great grandparents worked in.
Yes, the auto industry is badly managed. Very badly managed. But the industry is not only its management and its worst examples. There are a lot of good people here that work hard and don't deserve the fate that's about to befall them.
11/20/08
11/21/08
It's from a fucking lack of wanting real innovation and paying attention to what's going on that got the automakers (and many other industries like, say media) into this quagmire, but there are a LOT of people who are going to suffer for it. And that really, really pisses me off. The people who had the INFLUENCE to bring about change in their industry laughed it off and instead focused on fucking in-car HUMIDORS.
I think if consumers realized how many great ideas get shot down in development, even after having research that shows that it's a viable direction to go in, they would and should be pissed at those companies. It's total bullshit--we don't want new ideas, but we really don't want our competitors to have them either--and it hampers bringing about the fucking products (especially CARS) that people want to buy.
W.T.F.
11/20/08
11/20/08
11/20/08
11/20/08
11/20/08
11/20/08
11/20/08
I just don't get the Hillary hate. First of all, we shouldn't assign Bill's failure to her unless we're also prepared to assign his successes to her. Second, I think it's difficult for anyone who has been in the public eye as long as these two have and have a good public image. We'll see how Obama is reported on in the news in 20 years. (for the record, I like Obama.)
11/20/08
11/20/08
11/20/08
11/20/08
11/20/08
What up, y'all.
11/20/08
11/20/08